Business, 20.08.2021 20:30, Xghoued2056

The Chinese Central Bank recently set the official exchange rate between the US Dollar (USD) and the Chinese Yuan at 6.9 Yuan to the dollar. This new rate makes it possible for Americans to purchase more Yuan than before the change in exchange rates, using the same amount of USD. What is the likely effect regarding the attractiveness of Chinese goods to U. S. made goods to American consumers

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The Chinese Central Bank recently set the official exchange rate between the US Dollar (USD) and the...